Pay 5% annual interest on large security deposits. Ohio requires 5% annual interest, computed and paid each year, on the portion of a security deposit exceeding the greater of $50 or one month's rent when the tenant has stayed six months or more.
The Ohio rule
Each rule shows its schedule, its primary sources, and the date it was last verified.
Related rules in Ohio
The Ohio guide lists every compliance obligation, the seasonal maintenance calendar, and baseline upkeep.
Open the Ohio landlord guide · Security deposit interest in every state
What Landautomate does with this page
This guide is the reading version of the Landautomate Ohio rule base. In the app, the same rules become dated tasks on each Ohio property, timed to its purchase date, lease dates, age, and climate, with an email before each one is due. The free preview shows a sample of that schedule for Ohio in under a minute, no account needed.
See this calendar built for your own property
The free preview takes a state and a few property facts and shows the schedule Landautomate would run, no account needed. Every new account starts with a 30-day free Pro trial, no card required.